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CEOPayWatch

Did the Booking Holdings CEO Get a Raise?

No — pay was essentially flat. Glenn Fogel's total compensation was essentially unchanged at $12.0M in 2011, from $12.0M in 2010, per Booking Holdings's SEC DEF 14A filings.

This page answers a common executive-compensation question: Did the Booking Holdings CEO Get a Raise?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.

The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.

Glenn Fogel Pay: 20102011

2011 total comp
$12,000,000
2010 total comp
$12,000,000
Change ($)
+$0
Change (%)
+0%

Source: Booking Holdings SEC DEF 14A proxy statements, 2010 and 2011 Summary Compensation Tables.

In its latest proxy statement, Booking Holdings reported Glenn Fogel's 2011 total compensation at $12,000,000 — essentially flat versus $12,000,000 in 2010.

Across the disclosed history, Glenn Fogel's total pay has run: 2008, $12.0M; 2009, $12.0M; 2010, $12.0M; 2011, $12.0M. CEO compensation is lumpy year to year because equity grants — the largest component — are often awarded in multi-year blocks rather than evenly, so a single year's jump or drop can reflect grant timing as much as a change in pay philosophy.

Whether a raise is warranted ties back to performance: Booking Holdings posted a 19.6% three-year total shareholder return on 12.2% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of B (70/100).

Compensation Detail

ComponentAmount
Total Compensation$12,000,000
Base Salary$1,200,000
Stock Awards$6,000,000
Option Awards$1,440,000
Non-Equity Incentive$1,800,000
CEO-to-Worker Pay Ratio300:1
Pay-Performance GradeB

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Frequently Asked Questions

No — pay was essentially flat. Glenn Fogel's total compensation was essentially unchanged at $12.0M in 2011, from $12.0M in 2010, per Booking Holdings's SEC DEF 14A filings.

Glenn Fogel, CEO of Booking Holdings, earned $12.0M in total compensation in 2011, including $6.0M in stock awards and $1,200,000 in base salary.

In 2011, total compensation of $12,000,000 was composed of $1,200,000 base salary, $0 cash bonus, $6,000,000 stock awards, $1,440,000 option awards, and $1,800,000 in non-equity incentive compensation.

Our Pay-for-Performance Score rates Booking Holdings as B (70/100), based on three-year total shareholder return of 19.6%, revenue growth of 12.2%, and shareholder say-on-pay vote approval.

Glenn Fogel is the chief executive officer of Booking Holdings (BKNG).

No — pay was essentially flat. Glenn Fogel's total compensation was essentially unchanged at $12.0M in 2011, from $12.0M in 2010, per Booking Holdings's SEC DEF 14A filings.

Source: SEC EDGAR DEF 14A proxy statements, 2026.